BC-Business News Preview
Among the stories Wednesday from The Associated Press:
ROBOT FARMERS — The farms of the future may involve tightly controlled indoor climate and crops of vegetables cultivated by robots. By Michael Liedtke. SENT: 700 words, photos, video.
AMAZON-WAGES-RIPPLE EFFECTS — Amazon’s announcement that it will raise its minimum wage to $15 an hour will intensify pressure on other companies to lift their pay levels as well. By Christopher Rugaber. SENT: 890 words, photo.
CORPORATE BOARDS-FEMALE DIRECTORS — California’s bold law requiring companies to include women on their board of directors may not survive legal challenges but it has already spotlighted the entrenched practices and barriers that have helped keep women out of boardrooms for so long. By Alexandra Olson and Matt Ott. SENT: 930 words, photos.
With: — CORPORATE BOARDS-FEMALE DIRECTORS-GLANCE
ON THE MONEY-HALLOWEEN — Shopping for Halloween costumes doesn’t have to be scary. This season, shoppers can find more ways to save time and money. Discounters like Walmart and Target are expanding their costume offerings and creating designated sections where they can find more of their Halloween needs in one place. By Anne D’Innocenzio. SENT: 700 words, photo.
GM-HONDA-AUTONOMOUS VEHICLES — General Motors and Honda will team up on self-driving vehicle technology as big automakers and tech giants race to be first in their development. SENT: 380 words, photos.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Stocks are broadly higher on Wall Street in early trading as technology companies and banks added to their recent gains. SENT: 360 words, photos. UPCOMING: 700 words by 5 p.m.
FEDERAL RESERVE POWELL — Federal Reserve Chairman Jerome Powell takes part in a conversation at the Atlantic Festival in Washington. By Martin Crutsinger. Upcoming: 130 words at 4 p.m., 250 words by 4:45 p.m.
ECONOMY-SERVICES — The Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for September. By Paul Wiseman. UPCOMING: 130 words after release of report at 10 a.m., 300 words by 10:45 a.m.
ADP-EMPLOYMENT — Payroll processor ADP reports how many jobs private employers added in September. By Christopher Rugaber. SENT: 280 words, photo.
TOYS R US — There may be a second act for Toys R Us, the retail wonderland for children that turned off the lights at hundreds of stores for what was thought to be the final time this summer. SENT: 450 words, photo.
PARIS AUTO SHOW-5 CARS — From electrics to supercars, here’s a look at the highlights from this year’s Paris auto show. By David McHugh. SENT: 820 words, photos.
FAST FOOD US ADULTS — A government study has found that 1 in 3 U.S. adults eat fast food on any given day. That’s about 85 million people. By Mike Stobbe. SENT: 140 words, photo.
HEALTH INSURANCE COST SHIFTING HFR —If your employer is sticking you with a bigger share of the medical bill before health insurance kicks in, you may have to get used to it. More companies are making workers pay an annual deductible or increasing the amount they must spend before coverage begins, according to research from the Kaiser Family Foundation. By Health Writer Tom Murphy. UPCOMING: 300 words, photo for release at 10 a.m.
BEHIND THE WHEEL-SMALL SUVS — Edmunds breaks down the latest crop of new and redesigned contenders in the entry-level luxury SUV market that has exploded in the last few years. By Will Kaufman. SENT: 860 words, photos.
TECHNOLOGY & MEDIA:
TRUMP INHERITANCE TAXES — President Donald Trump on Wednesday expressed outrage over a New York Times report that he received at least $413 million from his father over the decades, much of that through dubious tax dodges, including outright fraud. SENT: 650 words, photo.
WEINSTEIN-ANNIVERSARY HOLLYWOOD A YEAR LATER — Is Hollywood a different place a year after the rapid downfall of Harvey Weinstein began? In the time since, guilds have rewritten codes of conduct, film festivals have signed pledges for gender parity and inclusion riders have been implemented by several leading production companies. But interviews with actresses, filmmakers and others make it clear: Hollywood has a long way to go. By Film Writer Jake Coyle. UPCOMING: 1,200 words by 3 p.m. EDT, photos. An abridged version also will be available.
NORTH KOREA-CYBER THEFT — U.S. security firm FireEye says a North Korean group has stolen hundreds of millions of dollars by infiltrating the computer systems of banks around the world. By Matthew Pennington. SENT: 1,200 words, photos.
CHINA-MISSING CELEBRITY — Chinese tax authorities have ordered “X-Men” star Fan Bingbing and companies she represents to pay taxes and penalties totaling $130 million, ending speculation over the fate of one of the country’s highest-profile entertainers three months after she disappeared from public view. By Gillian Wong. SENT: 600 words, photo.
SAUDI ARABIA-MISSING WRITER — A Saudi journalist who has written Washington Post columns critical of the kingdom’s assertive crown prince has gone missing after visiting the Saudi Consulate in Istanbul, the newspaper said, raising concerns over his safety. By Jon Gambrell. SENT: 910 words, photos.
WORLD COURT-IRAN-US — The International Court of Justice delivers its ruling in Iran’s request for a suspension of US sanctions while judges deal with Tehran’s case challenging the legality of the sanctions. UPCOMING, timing uncertain.
EUROPE-ECONOMY — The 19-country eurozone economy lost momentum in September despite a resilient performance by the services sector in Italy, according to a closely watched survey released Wednesday. By Pan Pylas. SENT: 380 words, photo.
EUROPE-EMISSIONS — The European Parliament has voted to cut CO2 emissions from new cars and vans by 40 percent by 2030 and will take this position into talks with the European Union’s 28 nations. SENT: 130 words, photo.
ITALY-BUDGET — Italy’s economy minister is backing down on spending plans that would keep the country’s deficit at an elevated level for three years. SENT: 130 words, photo.
MIDEAST-CHINA-DRONE DIPLOMACY — Across the Middle East, countries locked out of purchasing U.S.-made drones due to rules over excessive civilian casualties are being wooed by Chinese arms dealers, who are world’s main distributor of armed drones. By Jon Gambrell and Gerry Shih. SENT: 1080 words, photos.
GREECE-BANKS — Greek banking shares are down sharply amid investor fears over lenders’ needs to reduce their large stock of bad loans resulting from the financial crisis. SENT: 130 words.
GERMANY-MERKEL — A German businessman reportedly plans a long-shot challenge to Chancellor Angela Merkel as leader of the country’s main conservative party. SENT: 140 words, photo.
SYRIA-RECONSTRUCTION — With back-to-back trade fairs held in Damascus this month, Syria is hoping to jumpstart reconstruction of its devastated cities by inviting international investors to take part in lucrative opportunities. By Zeina Karam. SENT: 1,050 words, photos.
SPAIN-EX-IMF CHIEF — Spain’s Supreme Court has confirmed a 4½-year prison sentence for former International Monetary Fund head Rodrigo Rato for misusing a Spanish bank’s corporate credit card. SENT: 140 words, photo.
MALAYSIA-CORRUPTION — Malaysia’s anti-graft agency says that the wife of former Prime Minister Najib Razak has been arrested and will face money laundering charges in a graft scandal involving the 1MDB state investment fund. SENT: 560 words, photos.
TURKEY-ECONOMY — Turkey’s statistics agency says the country’s inflation rate jumped to almost 25 percent in September amid a sliding currency. SENT: 130 words.